Updated Office Space on Route
2290 E Route 66 Flagstaff, AZ 86004
2290 E Route 66, Flagstaff, AZ, 86004
$2,500,000
For Sale
$2,500,000
COMMERCIAL - Flagstaff, AZ
Property Size7,634 SF
Lot Size0.21 Acres
Price / SF$327.48
Days on Market92
Property Features for 2290 E Route 66
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Security features
- Security System
- Standard status
- Active
- APN
- 10704021
- Size
- 7,634 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- SUBDIVISION: SUNNYSIDE BLOCK: 6 LOT: 11 AND S 38 FT LOT 12 SIXTEENTH: SE QUARTER: NE SECTION: 14 TOWNSHIP: 21N RANGE: 07
- Tax Annual Amount
- 15818
Utilities
- Utilities
- Cable Available
- Heating system
- Central, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1988
- Floors in Building
- 2
- Roof type
- Metal
Listing Agency
Realty One Group, Mountain Desert
(928) 774-3392
513 N Beaver St., Lake Havasu City, AZ
Listed by
Lori A Zeoli
(928) 680-7350
Added: Apr 17 Checked: Jul 16 at 11:06 pm
MLS# 204106
Copyright © 2026 Northern Arizona Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in central Flagstaff along Route 66, this commercial building offers high exposure and is situated in an area with new commercial development. The property, previously a church, has been updated and converted into office space. The 7,634 square foot building includes a reception area, an open concept layout on the first floor, and private offices upstairs. It also features three restrooms, two newer AC units, an alarm system, and a metal roof. The property includes a private and fenced parking lot adjacent to the building. The 0.21-acre lot provides ample parking. An existing lease is in place for two years, but the tenants can move out if the new owner wishes to occupy the entire building. The building is move-in ready.
Key Highlights
- Central Flagstaff office building updated and converted from a former church; year built 1988
- Metal roof and central heating with natural gas; central air cooling
- Reception area and open concept first floor with private offices upstairs
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $177.7k | $23.28 |
| − Vacancy | −$37.3k | −$4.89 |
| EGI | $140.4k | $18.39 |
| − OpEx | −$35.1k | −$4.60 |
| NOI | $105.3k | $13.79 |
7,634 SF · lease $23.28/SF/yr · vacancy 21.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.50M
$1.32M – $1.75M
NOI $105,299 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,735 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Executech (formerly Flagstaff ...
Tech Support Center
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FAQs
What type of property is this?
Office building - Versatile office building in central Flagstaff with high exposure.
Where is this office building located?
The property is located at 2290 E Route 66 Flagstaff, AZ.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Central Flagstaff office building updated and converted from a former church; year built 1988; Metal roof and central heating with natural gas; central air cooling; Reception area and open concept first floor with private offices upstairs
